Only in Hong Kong – A single car parking spot costs more than 4 Lamborghini Huracans

Sometimes you end up making jokes about living in parking lots because houses are so expensive to buy. If you’re in Hong Kong you really can’t make these jokes either. The recent occurrence is a testament to the uber-expensive property prices in Hong Kong, and it surely has some of the most expensive homes globally. Now, it may also have what might be the world’s priciest place to park your car. A single, 134.5 square foot parking spot at a 73-storey office tower in the glitzy financial district has sold for $969,000, according to local media reports. The Center is the office building in question; a flashy office tower that still holds the world record as the costliest commercial building ever sold. It’s no surprise that a single parking spot here is being touted as one of the most expensive spots on earth to park a vehicle. The distinguished parking space was bought by a mysterious client who owns an office in the same building. Apparently, the sales price, per square foot, is three times more than the median square foot price for homes in Hong Kong.

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The lot is on the top of The Center’s three-level basement, reserved as executive parking for tenants only, and the sold unit sits against a wall with an alcove, which provides easier access for the owner. When you are that rich, you get what you want, luxury, comfort and a parking lot fit for a king.

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.